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BOINGGGGGGG!!! 3/20/20

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We gather here today to celebrate the life and times of Dr. Stepan N. Stool.  

Who, upon waking up to an earthquake at 6:24 AM in Zagreb, Croatia, shook his fist at the sky and bellowed out, YOU MOTHERFUCKERS! ...


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7 minutes ago, DrStool said:

Did you know that there's weekend trading in London? Lindsay Williams tipped me to this,. 

Dow down 565. 



Hope you've got power and water and all the basics. 

I knew Northman Trader kept posting weekend spreads but didn't know where they  came from.

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THere is virtually no damage in my neighborhood as far as I know. All damage was superficial. The buildings downtown are all crumbling anyway. So chimneys, and huge chunks of facades fell off. 

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Erik Townsend and Patrick Ceresna welcome Jim Bianco to MacroVoices. Erik and Jim discuss:

  • Update on the COVID-19¬†
  • The impact of the virus on the economy and markets
  • Systemic risks to markets and impact on dealers
  • Has the¬†FED put has expired?
  • Should the markets be shutdown, and what is the alternative?
  • Breaking of the stock vs. bond correlation¬†
  • Credit risks and¬†the future impact on high yields¬†





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Depending on who you listen to, then add it all up, the Fed is going to bail out everybody. I'm just not sure how that's going to work. Especially for people. The  kind of  people who aren't corporations or attached to them that is. 

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